Efficient Markets Theory Suggests That Purchasing the Published Reports of Financial

Multiple Choice

Efficient markets theory suggests that purchasing the published reports of financial analysts

A) is likely to increase one's returns by an average of 5 percent.
B) is likely to increase one's returns by an average of about 3 to 5 percent.
C) is not likely to increase financial returns.
D) will increase financial returns in the first year but not in following years.